U.S. ethanol exports skyrocketed to a record 218.7 million gallons in February. That is up 148% from January and nearly 50 million gallons more than the previous record set in December 2011, according to government data analyzed by the Renewable Fuels Association (RFA). However, trade sources believe that February’s export data includes some volume that was actually exported in late …
China Strikes Back
From almonds to frozen edible swine offal, the majority of the 128 products on which China imposed retaliatory tariffs Monday are agricultural, making farmers bear the brunt of the reaction to U.S. steel and aluminum tariffs. “This is a tax on American farmers, brought about by protectionist trade policies,” said Farmers for Free Trade (FFT) Co-Chair Max Baucus. “American farmers …
Ethanol on China’s Draft Retaliation List
Following action by President Trump yesterday to impose tariffs on up to $60 billion in Chinese imports, China is making its list of what U.S. products will be the target of retaliation. The list reportedly includes agricultural products such as U.S. pork, modified ethanol, wine, fruits and nuts, and soybeans are expected to be as well. “We’re disappointed that China …
Export Exchange 2018 Scheduled for October
The U.S. Grains Council (USGC), the Renewable Fuels Association (RFA) and Growth Energy will host domestic suppliers, international buyers and end-users of U.S. feed grains and co-products at Export Exchange 2018, to be held Oct. 22 to 24 in Minneapolis, Minnesota. “Export Exchange is uniquely focused on connecting international grain buyers with U.S. suppliers,” said Iowa farmer Deb Keller, USGC …
Ethanol and DDGS Exports Fall in January
U.S. ethanol exports dropped by half in January compared to December’s record high, according to government data released this morning and analyzed by the Renewable Fuels Association (RFA). January ethanol exports totaled 88.3 million gallons (mg), the lowest volume in four months. Despite the imposition of a tariff rate quota and 20% tariff in September, Brazil was the leading destination …
NEC Hosts International Ethanol Buyers for Third Year
More than 150 business-to-business meetings between domestic ethanol producers and international buyers from five countries were held at the Renewable Fuels Association’s National Ethanol Conference in San Antonio last week. It was the third year for the conference to host the event through the Department of Commerce’s International Buyer Program (IBP), a joint government-industry effort to promote U.S. export sales. …
Brazil Increases U.S. Ethanol Imports Despite Tariff
U.S. ethanol exports were up 14% in November over the previous month, totaling 107.2 million gallons, according to the latest government data analyzed by the Renewable Fuels Association (RFA). Despite the imposition of a tariff rate quota and 20% tariff in September, Brazil was the leading destination for U.S. ethanol exports for the first time in six months, receiving 28.1 …
Ethanol Exports Up Despite Brazil Declines
Overall U.S. ethanol exports were higher in October compared to September, as shipments from Brazil declined sharply, according to government data released this morning and analyzed by the Renewable Fuels Association (RFA). Total exports were 93.6 million gallons (mg) in October, up 8% from September shipments. Canada was again the top destination importing more than one-third of total exports, up …
S&P Global Platts Launches New Weekly Ethanol Assessment
S&P Global Platts has launched a new North-Northeast Brazil anhydrous ethanol assessment which reflects demand for greater transparency and a clearly defined methodology to help market participants understand the drivers of pricing. “The North-Northeast of Brazil is a region that is net short ethanol and therefore needs to import from the Center-South region of the country as well as from …
US Meeting With Argentina on Biodiesel Imports
The government of Argentina will be negotiating with the U.S. Commerce Department today in an effort to suspend antidumping duties on biodiesel exports to this country. Affirmative preliminary determinations in the antidumping duty investigations of biodiesel from Argentina and Indonesia, found in favor of the National Biodiesel Board (NBB) Fair Trade Coalition that biodiesel imports from Argentina and Indonesia were …